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Fractal Analytics targets a huge IPO as investors weigh a 109x P E bet on AI demand
Business
Published on 24 April 2026
A 109x P E multiple puts its AI story under pressure
Fractal Analytics is set for an IPO valued around INR 2,833.90 crore, with a price band between INR 857 and INR 900 crore. The company’s valuation includes a lofty P/E multiple of 109x, raising questions about whether its AI-driven growth story can satisfy market expectations once trading begins.
- Fractal Analytics eyes an IPO worth about INR 2,833.90 crore
- The price band is set between INR 857 and INR 900 crore
- A 109x P E multiple heightens scrutiny of its valuation
- Market response will hinge on whether AI demand proves durable
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times